9938 Commerce Ave Tujunga, CA 91042
Property Features for 9938 Commerce Ave
General Information
- Lot size
- 0.43 Acres
Source: Marcus & Millichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Tujunga Development Opportunity
This development opportunity is located at 9938 Commerce Ave in Tujunga. The vacant lot, situated on the corner of Tujunga Canyon Blvd & Commerce Ave, offers 18,530 square feet of space. Zoned C2-1, the property allows for 47 units by-right or up to 64 units through California's Density Bonus program. The site is also eligible for an ED-1 100% affordable housing project, potentially maximizing density and decreasing entitlement time. The property is located in Tujunga, providing convenient access to Sunland, La Canada Flintridge, Pasadena, Glendale, Burbank, and the broader San Fernando Valley. The average household income within a 5-mile radius is over $113,000, and the median home value within 5 miles is over $800,000.
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Tujunga
- County
- Los Angeles
- State
- California
- Longitude
- -118.28844
- Latitude
- 34.25008
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FAQs
What type of property is this?
Land - Vacant 18,530 SF lot for development in Tujunga.
Where is this land located?
The property is located at 9938 Commerce Ave Tujunga, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Opportunity to build up to 64 units through California's Density Bonus program.; - Zoned C2-1, allowing for **47 units by-right.**; - Eligible for an ED-1 100% affordable housing project, potentially maximizing density and decreasing entitlement time.